By PR | 11:34 AM August 25, 2021
A group of farmers and fishermen in Bohol will soon engage with their respective businesses after receiving P1.8 million pesos in livelihood assistance from the Department of Labor and Employment (DOLE).
DOLE-7 Regional Director Salome O. Siaton said the beneficiaries came from five (5) workers’ associations in the town of Loon, namely: Canigaan Farmers & Fisherfolks Organization (CAFFO); Pederasyon sa mga Gagmay’ng Mananagat ug Mag-uuma sa Loon (PEGAMMA); Cuasi Fishermen Association; Talisay Fishermen’s Association; and Cansubayon Samahang Nayon Multi-Purpose Cooperative.
Around 196 members from said association will soon venture into different livelihood undertakings that are funded by DOLE.
The Canigaan Farmers and Fisherfolks Organization (CAFFO) received P314,051.00 for their Bangus Production and Marketing business.
P296,756.00 went to the Pederasyon sa mga Gagmay’ng Mananagat ug Mag-uuma sa Loon (PEGAMMA) for their Bahalina Production and Marketing Enterprise project.
The Cuasi Fishermen Association, for their All Season Fishing livelihood undertaking received P401,280.00.
The Talisay Fishermen’s Association, on the other hand, received Php413,158.00.
The group will use the amount to finance same project on All Season Fishing. While, the Cansubayon Samahang Nayon Multi-Purpose Cooperative received P410,500.00 for their Egg Production business.
DOLE Bohol Field Office OIC, Angeli T. Salgados said that the livelihood assistance released to said associations summed up to P1,835,745.00 and it will be used to purchase the raw materials, jigs and equipment that they will need to start operationalizing their respective livelihood projects.
Each business endeavor, she added, is expected to help augment the income of beneficiaries, whose current means of earning income is greatly affected by the pandemic.
All association-beneficiaries will be observing a sharing scheme of 70-30. “It means 70% of the income earned from their business will go to the members, while 30% of it will go to the association to help ensure its continuity and sustainability,” she continued.
Siaton congratulated all beneficiaries and urged them to help the government fight poverty by taking care of their livelihood projects. “If these businesses are nurtured and kept sustainable, business owners or beneficiaries themselves will also become self-reliant and economically independent. I really hope that their respective undertakings will go a long way,” she said.
The livelihood assistance extended to said associations are born out of the DOLE Integrated Livelihood and Emergency Employment Program (DILEEP). Senarlo-Taniza with reporting from DOLE Bohol (BFO)